South Hill Investment Apartments

Register detail

VALUE-ADD INVESTMENT IN SOUTH HILL | 0.42 ACRES | 4 BEDROOMS | INCOME POTENTIAL

Register: SOUTH CENTRAL Block 38511B P215
Floor Area: 3,037 sq. ft. | Land: ~0.42 acres | Parking: Multiple spaces

THE OPPORTUNITY                                                                                                                           This is not a turnkey listing — and that is precisely why it matters. After sitting on the market, this South Hill property is now positioned for the buyer who understands that equity is earned through vision, not purchased ready-made.

Situated on a generous 0.42-acre lot (approximately 3,037 sq. ft. of existing floor space), this asset offers a rare combination of immediate income potential and long-term development upside in a well-established residential corridor.

THE LAYOUT                                                                                                                                     The existing structure is divided into two self-contained apartments housing four bedrooms total — a configuration that lends itself naturally to rental income, multi-generational living, or a gradual renovation strategy while cash-flowing. With multiple parking spaces already on site, tenant appeal is built in.

THE UPSIDE                                                                                                                                    Here is where this property distinguishes itself: vertical expansion potential. The single-story footprint and substantial land area create a clear path to build upward, whether your goal is a duplex renovation, additional rental units, or a larger single-family residence. In a market where land is finite, owning nearly half an acre with room to grow is a genuine advantage.

LOCATION & CONTEXT

• South Hill — a settled, centrally located residential area with established neighbors and community infrastructure

• Positioned south of the public road connecting Water Swamp to South Hill, offering accessibility without main-road noise

• West of Swing High and south of the Methodist Church — well-known landmarks that anchor the neighborhood

• The area benefits from mature surroundings and an authentic community feel rarely found in newer developments

THE REALITY & THE REWARD                                                                                                            Yes, the immediate surroundings and interior require attention. Previous buyers have walked away from the work — which means the discount for the cleanup is already priced into the market's perception. For the investor or homeowner willing to undertake cosmetic improvements and light landscaping, the gap between current condition and market-ready value represents real, bankable equity.

WHO THIS IS FOR

• The rental investor seeking a multi-unit footprint with parking and expansion room

• The owner-occupier planning to live in one apartment while renovating the other

• The developer eyeing a modest land bank with vertical permissions in a proven location

• The cash buyer who knows that "untidy" is simply another word for "negotiable"

NEXT STEPS

This property has waited for the right buyer. If you have the vision — and the willingness to look past the present condition — it will reward you with space, income potential, and room to grow in one of South Hill's established neighborhoods.

Serious inquiries only. Viewings by appointment.

US$220,000

All measurements are approximate. Buyers are encouraged to conduct their own due diligence regarding boundaries, zoning, and vertical expansion permissions.: SOUTH CENTRAL Block 38511B P215

Acreage: approximately 0.42 acres

The property is located in South Hill area south of the public road that leads from Water Swamp to South Hill. The general area is west of Swing High and South of the Methodist Church.

In addition to 0.42 acre of land, the property also comprises of apartment building. The building comprises of two identical apartment units.

Each unit accommodates two bedrooms, one-bathroom, front porch, living room, dining room and kitchen.